2017 HSA Contribution and Plan Limits

IRS Revenue Ruling on HSA Limits

The IRS has announced the 2017 Health Savings Account (HSA) maximum contribution limits detailed in the newly released Revenue Procedure 2016-28. HSA contribution and plan limits will remain mostly unchanged for 2017, with only the individual HSA contribution limit increasing by $50.

HSAs are tax-exempt accounts that help people save money for eligible medical expenses. To qualify for a HSA, the policyholder must be enrolled in a HSA-qualified high-deductible health plan, must not be covered by other non-HDHP health insurance or Medicare, and cannot be claimed as a dependent on a tax return.

HSA 2017 Contribution Limits:

  • $3,400 for Individual (self-only) coverage ($50 increase from 2016)
  • $6,750 for Family coverage (unchanged from 2016)

HDHP 2017 minimum required deductibles:

  • $1,300 for Individual (self-only) coverage (unchanged from 2016)
  • $2,600 for Family coverage (unchanged from 2016)

HDHP Out-of-Pocket Maximum for 2017:

(Expenses include deductibles, co-pays, and other amounts, but not premiums)

  • $6,550 for Individual (self-only) coverage (unchanged from 2016)
  • $13,100 for Family coverage (unchanged from 2016)